State Street SPDR S&P Homebuilders ETF
257 hedge funds and large institutions have $1.7B invested in State Street SPDR S&P Homebuilders ETF in 2025 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 74 increasing their positions, 86 reducing their positions, and 43 closing their positions.
6% more capital invested
Capital invested by funds: $1.6B → $1.7B (+$102M)
3.48% more ownership
Funds ownership: 120.26% → 123.73% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less call options, than puts
Call options by funds: $570M | Put options by funds: $577M
5% less funds holding
Funds holding: 271 → 257 (-14)
14% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 86
28% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$114M |
| 2 |
Morgan Stanley
New York
|
+$83.9M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$38M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$30M |
| 5 |
MASUI
MIRAE ASSET SECURITIES (USA) INC.
New York
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$120M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$57.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$46.1M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$16.7M |
| 5 |
Goldman Sachs
New York
|
-$13.4M |
XHB Hedge Fund Activity: Q2 2025 in Review
257 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q2 2025, worth a combined $1.7B — up 6.4% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of XHB and 31 opened new positions — a net loss of 12 holders — while 86 trimmed existing stakes and 74 added.
The largest buyer was Harel Insurance Investments & Financial Services, opening a new position worth an estimated $114M. The largest seller was Citadel Advisors, cutting an estimated $120M.
- 257 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q2 2025, down from 271 in Q1 2025.
- Funds reported $1.7B of State Street SPDR S&P Homebuilders ETF stock for Q2 2025, up 6.4% quarter-over-quarter.
- 31 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q2 2025 and 43 closed out, a net change of -12 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q2 2025 was Harel Insurance Investments & Financial Services, an estimated $114M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q2 2025 was Citadel Advisors, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2025.